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RE: DOD and the merger
some time ago I asked Boeing if it would request subsidies from DOD for
its merger. From this response, just received, I take the answer to be
YES
Jamie
---------- Forwarded message ----------
Date: Fri, 11 Jul 1997 08:36:48 -0700
From: "GRP Team, Merger" <Merger.Team@PSS.Boeing.com>
To: 'James Packard Love' <love@cptech.org>
Subject: RE: DOD and the merger
I believe this question was answered in a Q&A published some time ago:
Q. Will the U.S. Government pay the costs of the merger?
A. Costs associated with completing the merger are unallowable and are
not paid by the government. Restructuring costs incurred subsequent to
completion of the merger will not be recoverable on U.S. Government
contracts unless the projected savings to the government are at least
two times the costs. Such recovery is also dependent upon approval of
the Department of Defense.
>----------
>From: James Packard Love[SMTP:love@cptech.org]
>Sent: Wednesday, July 02, 1997 10:47 AM
>To: Team, Merger
>Subject: DOD and the merger
>
>Did or will Boeing or McDonnell Douglas request DOD subsidies for the
>merger? I am referring to the Department of Defense program for
>subsidizing defense mergers.
>
>James Love
>Center for Study of Responsive Law
>P.O. Box 19367
>Washington, DC 20036
>http://www.cptech.org
>love@cptech.org
>202.387.8030; fax 202.234.5176
>
>